This isn't surprising. The entire crypto ecosystem has gone way down more than expected. We're still not sure if we've found the bottom. There has been way too much optimism based on a blip of a bull market last year. A huge blip, but a blip nonetheless.

Markets go up and down. Ebbs and flows. These are natural currents. The companies that ride this wave successfully stand a better chance of coming out on the other side stronger and more valuable. We can hope that Steem, and Steemit, is one of them.